Archive for the ‘Social Security’ Category

–Teresa Tritch, with characteristic efficiency, nails the essentials of the building Greek/German showdown, emphasizing the critical point that this isn’t a simple story of virtuous lenders and profligate borrowers. Both sides swam in de-Nile since Greece entered the eurozone, and now that the implosion has occurred, the Greeks cannot be the only ones to shoulder… Read more

I was just about to ding Larry Kotlikoff for some serious malpractice re his NYT oped this morning when I recalled that Dean Baker has built a cottage industry around the point I wanted to make. And sure enough, here it is from Dean’s blog [my bold]: [Kotlikoff writes re Social Security:] “you’ll find that the program’s… Read more

My Politico oped on the new Ryan budget is up and my wife just read it, liked it, but said, reasonably, that she didn’t get this part: Ryan also dings President Barack Obama for abandoning the “one significant reform he’s embraced,” changing the way Social Security payments rise with inflation, but he once again offers… Read more

I very much appreciate Paul K, Sens Harkin and Warren, and others who are putting an expansion of Social Security on the table. Relative to fighting about cuts to the stalwart retirement program, that’s called “playing offense,” and given that Social Security is the most solid leg of the three-legged retirement stool (Soc Sec, pensions,… Read more

Jared Bernstein's areas of expertise include federal and state economic and fiscal policies, income inequality and mobility, trends in employment and earnings, international comparisons, and the analysis of financial and housing markets.